It seems "Insidious 3" is in the making. Director James Wan who directed first two films of "Insidious" franchise and is currently busy with the direction of "Fast and Furious 7" took to Twitter to tell the fans that "Insidious 3" would be much better than the previous movies.
"Insidious 3" is being directed by Leigh Whannell, reported Enstarz.
@KyleTague: Really excited for Insidious 3. Hope it still turns out as great as the first two" It will b BETTER under @LWhannell stewardship," Wan tweeted congratulation Whannell for directing the third film in the franchise.
"Insidious: Chapter 2" had hit the theaters in September 2013. It proved to be a major hit and grossed more than $41.1 million on its first weekend.
The film told the story of Lambert family's son who gets possessed by demons. The family tries to find the hidden secrets and gets entangled in the paranormal world. "Insidious 2" starred Patrick Wilson, Rose Byrne, Lin Shaye, Ty Simpkins, and Barbara Hershey. (Warning! Spoilers Ahead)
Meanwhile, "Insidious 3" is reportedly not based on Lambert family. Regarding the script of the film Whanell said in his recent interview to Screen Rant via (Enstarz),
"[Producer] Jason Blum will probably kill me if I say anything. But I can say that it's not based around the Lambert family anymore, it's not Rose Byrne's character -- which I actually really liked, going back and just wiping the slate clean and starting over again. It felt like writing the first film, 'cause you weren't bound to any particular character. ... It felt really good."
The third chapter in franchise is being developed in conjunction by Entertainment One, Film District, and Sony Pictures Worldwide.
Insidious is a micro budget film. The first part of the franchise was made for only $1.5 million and released in 2010. The film proved to be a box office clincher and made $97 million worldwide.